Is Betting Double After Losing is Really a Good Decision?

[JoMarrah Iarim Dan]

If you have got the bankroll to handle it, and are not aversed to losing large amounts before recouping your money, then the Martingale strategy should eventually return players to parity.

Correct if you have the bank roll then you can give it a try. But, I would never recommend it to anyone as it might not work on most of the occasion. I have tried it multiple times and failed on most of the occasion.

The same as me. I will not recommend it especially for below middle class people that are also gamblers. Think of what will happen if you lose. Set aside the winning part because there will be no problem at all. There are ways in gambling, it is not just betting double. Losing even if it little already affects us. Sometimes it makes us sad. What more of we lose double ? Depression ?

[Best Dreams]

but of course with limitation as i only Bet from 10-30$ each
time i play in it happens only once or twice a week if not busy.

With your limit, you can't use martingale on it, maybe you can double when you lose but when you lose again, that would be costly to you if you will still double. So sticking with flat betting, I guess that's the best strategy if you only have a limited amount to gamble.

Agree with you if you are gaming you cannot put double amount to get more profit once you see that you are getting nothing but only lose. So be ready and find good ways to get profit in gambling. Get real sites only and be with limited amount those who try to earn bigger with spending huge amount so they should keep things in mind that in gambling you have 50/50 chance to win or lose.

[South Park]

for me that's a bad decision, why? you are not controlling your emotion, remember in gambling you should not make your emotion dictates the tempo in gambling, lets say you win you just got lucky, 90% of the time you'll loose, there are other ways to bet small but the risk is slim , i suggest you try other ways, because its too risky.

Gamblers apply this strategy because they see that they will be a able to win 99% of the time with it and they think they cannot go broke with that strategy when the opposite is the truth, what they do not think about is that if they play long enough they are going to eventually reach that 1% in which they lose and when that happens you lose all your capital, as such it is better to think of gambling just as another form of entertainment in which you pay some money to get access to the games instead of a potential way of making money.

[KTChampions]

Gamblers apply this strategy because they see that they will be a able to win 99% of the time with it and they think they cannot go broke with that strategy when the opposite is the truth, what they do not think about is that if they play long enough they are going to eventually reach that 1% in which they lose and when that happens you lose all your capital, as such it is better to think of gambling just as another form of entertainment in which you pay some money to get access to the games instead of a potential way of making money.

I think it would be useful to make such people solve mathematical problems with specific numbers - not all people understand abstract concepts and formulas. But any gambler will understand that you do not need to play a game where 99 out of 100 bets bring a profit of $ 100 in total, but one remaining bet brings a loss of $ 200.

[fortunecrypto]

If you have money to bet?why not do that because it is your decision and desire
for what to do in your gambling activities of course.
I have tried that kind several time because i have no time to spend when i am
in gambling place so the faster i bet the faster
 my luck will decide.but of course with limitation as i only Bet from 10-30$ each
time i play in it happens only once or twice a week if not busy.

If you only have a limited amount using martingale is a sure way to shorten your time to gamble, you are going to rely on luck to win in martingale and not on the strategy, but anyway it's still a game of luck, you might get it in two to three roles, who knows the most important thing is that you are enjoying it.

[smyslov]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.

[blockman]

No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.

Chance of losing is high and winning is just a tiny piece of chance whenever you do this. And if someone keeps on trying this and keeps on doubling the amount which is known as martingale.
The time that he win then that's already the call and sign that he should stop and keep the profit that he took from that win and don't repeat the cycle.

[ethereumhunter]

No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.

Chance of losing is high and winning is just a tiny piece of chance whenever you do this. And if someone keeps on trying this and keeps on doubling the amount which is known as martingale.
The time that he win then that's already the call and sign that he should stop and keep the profit that he took from that win and don't repeat the cycle.

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games. Even if someone is trying to double the amount, that will not work because we don't know if we will have luck or not, and we don't know what will come out at the end of the game. And yes, if he can win, then that will be the time to quit gambling as soon as possible before it is too late to realize.

[Russlenat]

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games.

Luck matters but we should not think that it's only the sole factor that is needed in order to win in gambling.
We keep learning to improve our strategy so we will eventually become consistent with what we are doing and that it would be able to bring us some wins.

Gambling is a game of luck if what we are referring are luck based games,.. hopefully a gambler would see the difference.

[Debonaire217]

It seems to me that doubling a bet is not a good decision after losing, which can lead to even bigger losses! Especially when your budget is limited to a certain amount of money, you need to clearly follow the rules of money management! Otherwise, an attempt to win back and increased risk can lead to a loss of your deposit!

Definitely, there's no assurance that a gambler will win after a round when he losses the game. Perhaps, he might lose again, that is because the platform is being fair, meaning to say, that the platform is just generating random outcomes, and that means that any strategy applied to a random generating outcome system is not effective at all because in the first place, you don't even know the outcome so how could you predict it?

What I think is more important to spend our time into is to how we can control our betting habits. Such as whether to continue or to stop if we lose, or how many loses do we need to experience in order to stop playing.

[ethereumhunter]

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games.

Luck matters but we should not think that it's only the sole factor that is needed in order to win in gambling.
We keep learning to improve our strategy so we will eventually become consistent with what we are doing and that it would be able to bring us some wins.

Gambling is a game of luck if what we are referring are luck based games,.. hopefully a gambler would see the difference.

Yes, we can always modify or improve our strategy so we can have more chances to win the games. But that doesn't mean you will have a big chance if you success modifying your strategy because there will be a lucky moment in your strategy. Maybe we can modify our strategy for 1000 times, but in the next 1000, you will not know how your chance is to win. We can only hope that every gambler will see that luck factor will be needed in gambling, so they know that they need to break for a while if they lose much money.

[blockman]

No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.

Chance of losing is high and winning is just a tiny piece of chance whenever you do this. And if someone keeps on trying this and keeps on doubling the amount which is known as martingale.
The time that he win then that's already the call and sign that he should stop and keep the profit that he took from that win and don't repeat the cycle.

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games. Even if someone is trying to double the amount, that will not work because we don't know if we will have luck or not, and we don't know what will come out at the end of the game. And yes, if he can win, then that will be the time to quit gambling as soon as possible before it is too late to realize.

You are overrating luck. Luck is there as is but don't overrate it and tell that whichever you use, you won't win. That's simply wrong, let's assume that everyone has their own time to become lucky but don't ignore the strategies that gamblers do.
Experience is building these strategies but if you don't feel crediting it and it's not effective on your part, that's ok.

[yazher]

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games. Even if someone is trying to double the amount, that will not work because we don't know if we will have luck or not, and we don't know what will come out at the end of the game. And yes, if he can win, then that will be the time to quit gambling as soon as possible before it is too late to realize.

Yeah! it's all about luck when it comes to gambling, the experience will only help you on how to play the game clearly and to be able to win the game, you need to have a massive amount of luck every time you bet. even straight win comes from luck. it has been destined that you will win that game and when you lose it's all about destiny again that you lose that time. the experience will not help at all.

[ethereumhunter]

No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.

Chance of losing is high and winning is just a tiny piece of chance whenever you do this. And if someone keeps on trying this and keeps on doubling the amount which is known as martingale.
The time that he win then that's already the call and sign that he should stop and keep the profit that he took from that win and don't repeat the cycle.

No matter what the strategy is, if you don't have luck, you will not have a chance to win the games. Even if someone is trying to double the amount, that will not work because we don't know if we will have luck or not, and we don't know what will come out at the end of the game. And yes, if he can win, then that will be the time to quit gambling as soon as possible before it is too late to realize.

You are overrating luck. Luck is there as is but don't overrate it and tell that whichever you use, you won't win. That's simply wrong, let's assume that everyone has their own time to become lucky but don't ignore the strategies that gamblers do.
Experience is building these strategies but if you don't feel crediting it and it's not effective on your part, that's ok.

Okay, I got that. At least, they should know that in gambling, they must have luck which they can not always have it. If they can know that, I guess that they will be careful to gamble. But unfortunately, many gamblers chasing their luck until they spend more money, and some of them forget about luck. Let say he has luck in one strategy or method, so that will make him get winning. But in the next chance, although he uses the other strategies if the luck leaves him, the result will lose some money. And that can make him try with the other strategy.

[BITCOIN4X]

The decision to increase the number of bets after losing is one of the strategies and efforts to win the bet and I think that is the biggest obsession for gamblers. Strategies like this might be useful if we are lucky men. Gambling always involves luck, even though there are many strategies we can apply.

Martingale is a strategy of doubling bets in hopes of winning and covering previous losses and if this strategy doesnt work properly then I think we will spend more money. The point is that no strategy works perfectly in gambling, although we can win a few bets with it, it does not mean that the strategy will function well on other occasions.

I have tried this strategy in a dice game, but if we cannot win on 5 occasions then try to stop for a moment and come back tomorrow.

[Bezobraznike]

The decision to increase the number of bets after losing is one of the strategies and efforts to win the bet and I think that is the biggest obsession for gamblers. Strategies like this might be useful if we are lucky men. Gambling always involves luck, even though there are many strategies we can apply.

Martingale is a strategy of doubling bets in hopes of winning and covering previous losses and if this strategy doesnt work properly then I think we will spend more money. The point is that no strategy works perfectly in gambling, although we can win a few bets with it, it does not mean that the strategy will function well on other occasions.

I have tried this strategy in a dice game, but if we cannot win on 5 occasions then try to stop for a moment and come back tomorrow.

   Martingale is a strategy of doubling every next bet after you lose, no matter how many times you lose. If losing
streak is too long you will lose entire balance. There are other strategies but this is the most interesting one. I don't
play classic martingale, I like to bet same bets more than once, no matter did I lose or win, only after 5 loses I start
raising my bets or my odds, to try to recover what I lost and eventually to make some profit. Without raising bets or
odds there's no way to recover after losing, or to make profit, in gambling you need to raise bets and odds, the point
is to have a luck and hit the right moment for that!

[carlisle1]

The decision to increase the number of bets after losing is one of the strategies and efforts to win the bet and I think that is the biggest obsession for gamblers. Strategies like this might be useful if we are lucky men. Gambling always involves luck, even though there are many strategies we can apply.

Martingale is a strategy of doubling bets in hopes of winning and covering previous losses and if this strategy doesnt work properly then I think we will spend more money. The point is that no strategy works perfectly in gambling, although we can win a few bets with it, it does not mean that the strategy will function well on other occasions.

I have tried this strategy in a dice game, but if we cannot win on 5 occasions then try to stop for a moment and come back tomorrow.

   Martingale is a strategy of doubling every next bet after you lose, no matter how many times you lose. If losing
streak is too long you will lose entire balance.

and this is really not a good idea to manage betting because even how big is your capital still losing streak will make this  zero.

There are other strategies but this is the most interesting one. I don't
play classic martingale,

yeah this is same logic as mine mate for safer betting.

I like to bet same bets more than once, no matter did I lose or win, only after 5 loses I start
raising my bets or my odds, to try to recover what I lost and eventually to make some profit.

But if you make 5 consecutive losses means you need to find at least other games instead .

Without raising bets or
odds there's no way to recover after losing, or to make profit, in gambling you need to raise bets and odds, the point
is to have a luck and hit the right moment for that!

That is why if you lose 5 streak then luck is not with you and stop for a while if you will continue or go home and back again the next day.

[blockman]

Okay, I got that. At least, they should know that in gambling, they must have luck which they can not always have it. If they can know that, I guess that they will be careful to gamble. But unfortunately, many gamblers chasing their luck until they spend more money, and some of them forget about luck. Let say he has luck in one strategy or method, so that will make him get winning. But in the next chance, although he uses the other strategies if the luck leaves him, the result will lose some money. And that can make him try with the other strategy.

Yes, what you have followed up is correct and I do agree that in gambling there's luck but as I've said don't think that it's the main requirement when you gamble because it is not.
The case here is that they are not chasing their luck but they are chasing their losses and wanting to retrieve it back. Because it's impossible to know when your luck will come if you are not winning at all.

[Japinat]

The case here is that they are not chasing their luck but they are chasing their losses and wanting to retrieve it back.

I guess that's normal for gamblers, but sometimes we lose control and that's the bad thing of it since most likely, we will just end our gambling session because we already lose everything. .. some people get more aggressive when they are losing, gambling sites like them a lot.

Because it's impossible to know when your luck will come if you are not winning at all.

That's why we are gambling because we are trying our luck by risking money, well, as long as we are realistic, this would help us make some realistic decision as well.

[blockman]

I guess that's normal for gamblers, but sometimes we lose control and that's the bad thing of it since most likely, we will just end our gambling session because we already lose everything. .. some people get more aggressive when they are losing, gambling sites like them a lot.

It's normal, I'm only emphasizing the thing about luck that I have my different understanding.

That's why we are gambling because we are trying our luck by risking money, well, as long as we are realistic, this would help us make some realistic decision as well.

Yup, I agree about being realistic. But it's not always that is luck we are trying when we risk money, there's also the strategy.